Shares of Tata Investment Corporation surged nearly 20 percent to close at ₹10,598 on Tuesday, reaching an intraday high of ₹10,611.50 on the National Stock Exchange (NSE). This rise comes as Tata Capital prepares to launch its ₹15,512 crore initial public offering (IPO) on October 6.
In the last three trading sessions, Tata Investment Corporation’s stock has increased by 22 percent and has experienced a gain of over 54 percent within the past month. Trading activity was robust, with volumes reaching 54.39 lakh shares—about twelve times the 30-day average—and a total traded value of ₹5,356 crore. Additionally, more than 3.36 lakh shares were exchanged in 38 block deals, primarily at prices above Monday’s closing value of ₹8,843.
The price band for Tata Capital’s IPO has been set between ₹310 and ₹326 per share, which values the non-banking financial institution at approximately ₹1.38 lakh crore at the upper end. The subscription period for the IPO will commence on October 6 and conclude on October 8, with the anchor book opening on October 3. This issue marks the largest public offering projected for 2025.
Recently, Tata Investment Corporation announced its first stock split in a 1:10 ratio, with the record date designated as October 14. The company’s market capitalisation is currently at ₹53,620 crore, with a free float market cap of ₹13,737 crore. Over the past year, the stock has reached a 52-week high of ₹10,611.50, compared to a low of ₹5,145.15 recorded in February.
Published on September 30, 2025.
